AI Transparency Report
The Upper Saco Valley Land Trust demonstrates strong financial health and a clear commitment to its mission of land conservation. Over the past five years, the organization has consistently grown its assets, reaching $8,878,247 in the latest period, indicating effective stewardship of resources. Revenue has fluctuated, with a notable peak of $2,571,929 in 2020, but has remained robust, with the latest reported revenue at $1,713,757. The organization's liabilities are consistently low relative to its assets, suggesting a stable financial position.
Spending efficiency appears high, as evidenced by the relatively low expenses compared to revenue in most years. For instance, in 2023, expenses were $612,016 against revenues of $1,587,699. A key indicator of transparency and good governance is the consistent reporting of 0% officer compensation across all available filings, which suggests that leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is a positive sign for donor confidence. The organization's NTEE code K25 (Land Resources Conservation) aligns well with its name and implied mission.